Sweden August Central Govt. Payments Surplus At SEK11.8 Bln

Sponsored Links

Swedish central government payments showed a surplus of SEK 11.8 billion in August, the Debt Office said Monday. That was more than the office's forecast for a surplus of SEK 4.4 billion.

Tax payments in August were SEK 2 billion lower than calculated. This is counteracted by the fact that disbursements from authorities at the same time were somewhat lower than expected, the Debt Office said. The Debt Office's net lending to state agencies was SEK 9 billion lower than estimated. Repo transactions made by state agencies accounted for SEK 6 billion of the difference. Interest payments on central government debt were SEK 3 billion, in line with forecast. For the twelve-month period up to the end of August, central government payments resulted in a deficit of SEK 64 billion. Central government debt amounted to SEK 1,050 billion at the end of August.

Swedish central government payments showed a surplus of SEK 11.8 billion in August, the Debt Office said Monday. That was more than the office's forecast for a surplus of SEK 4.4 billion. (Market News Provided by RTTNews)